Research: Finance:Written question - 76017

Asked by Chi Onwurah
(Newcastle upon Tyne Central)
Asked on: 17 July 2020
Department for Business, Energy and Industrial Strategy
Research: Finance
To ask the Secretary of State for Business, Energy and Industrial Strategy, pursuant to the Answer of 13 July 2020 to Question 71047 on Research: Finance, how much of that funding will be funded through the £1 billion announced in Budget 2020.
Answered by: Amanda Solloway
Answered on: 24 July 2020

Of the £100m for Direct Air Capture and carbon removal technologies, £70m will be allocated and delivered from the £1 billion BEIS Energy Innovation Programme as announced in the Budget in 2020. A further £31.5m will be spent through the UKRI Strategic Priorities Fund: Greenhouse Gas Removal Demonstrators (GGR-D).

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